--- title: "HBC0524 2024 INSURANCE LOTS 1-5 - AWARD" ocid: "ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46.json" source: "Contracts Finder" current_stage: "Award" buyer: "HERTSMERE BOROUGH COUNCIL" published: "2025-01-23" --- # HBC0524 2024 INSURANCE LOTS 1-5 - AWARD Buyer: HERTSMERE BOROUGH COUNCIL Current stage: Award OCID: ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46.json) ## Summary Hertsmere Borough Council has completed the procurement process for multiple insurance services, as indicated by the award status dated 23rd January 2025. The procurement titled "HBC0524 2024 INSURANCE LOTS 1-5 - AWARD" covers key insurance services divided into five lots, including Liability Insurance, Property and Group PA Insurance, Motor Fleet Insurance, Engineering and Inspection Insurance, and Property Owners Insurance. The open procedure invited tenders for services across the area of East of England, with the tendering phase ending on 13th June 2024 and the contract running from 1st August 2024 to 31st July 2027, with potential extensions for certain lots. The total contract value is estimated at £2,000,000 for these insurance services categorized under CPV Code 66510000. This tender offers substantial opportunities for businesses in the insurance sector, particularly those specialising in various facets of property, liability, motor fleet, and engineering insurance. Companies capable of providing comprehensive coverage across these areas, with strong capacity for managing diverse insurance needs, stand to benefit significantly. The awarded supplier, Zurich Insurance Company t/a Zurich Municipal, highlights the potential for well-established insurance firms to secure lucrative contracts with public sector clients. Engaging in such procurements can enhance business growth, credibility, and market presence within the public sector, creating pathways for future business expansions and collaborations. ## Notice Hertsmere Borough Council is currently out to procurement for insurance cover The Requirement is split into 5 lots, and Tenderers may bid for any number of lots. Lot 1 Liability Insurance Lot 2 Property and group PA insurance Lot 3 Motor Fleet (Refuse) insurance Lot 4 Engineering and inspection insurance Lot 5 Property Owners (elstree film studios) insurance. Lots 1-4 are for a three year term with possible 1+1 year extension. Lot 5 for a one year term This procurement is an open process. Organisations wishing to take part in this project are invited to 'express an interest' and also 'opt in' which will give access to the full procurement documents in the e-tendering system. To be considered as a Tenderer you must complete and submit a Tender by the deadline of 12 noon on 3th June 2024. Please allow sufficient time to make your return, as Tender submissions cannot be uploaded and submitted after this return deadline. Please ensure that where possible documents are uploaded as a PDF and that file names are succinct. Any questions relating to this procurement must be made via correspondence on the website, in accordance with the procurement documents, and can be addressed to the main contact as shown in the details above. To access this opportunity please visit https://in-tendhost.co.uk/supplyhertfordshire/aspx/Home ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/66d02159-fd3d-48e1-8b4d-5ba844a388aa | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Jan 2025 | | Submission deadline | 13 Jun 2024 | | Future notice date | Not specified | | Award date | 22 Jul 2024 | | Contract period | 31 Jul 2024 - 31 Jul 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | HERTSMERE BOROUGH COUNCIL | | Locality | HERTFORDSHIRE | | Post town | Watford | | Postcode | WD6 1WA | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH2 Bedfordshire and Hertfordshire | | ITL 3 | TLH27 South West Hertfordshire | | Local authority | Hertsmere | | Electoral ward | Borehamwood Cowley Hill | | Westminster constituency | Hertsmere | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | ZURICH INSURANCE COMPANY T/A ZURICH MUNICIPAL | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services ## Release History - 23 Jan 2025 at 15:07 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/66d02159-fd3d-48e1-8b4d-5ba844a388aa ## Documents - https://www.contractsfinder.service.gov.uk/Notice/66d02159-fd3d-48e1-8b4d-5ba844a388aa 23rd January 2025 - Awarded contract notice on Contracts Finder ## Notice URLs - http://www.hertsmere.gov.uk - https://in-tendhost.co.uk/supplyhertfordshire/aspx/Home ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-afdd98b7-3f47-4299-9674-29edc2388b46.json.